Security Risks All Businesses Should be Aware Of In 2019

Over the past few years, we have seen a distinct rise in the number of cyber attacks happening to businesses in all industries around the world. These cyberattacks have not only grown in frequency, but also in complexity. Cybercriminals are continuously evolving in how they exploit a business’ weaknesses.

With threats to cybersecurity, continuously growing, we have created a list of some threats to be aware of in 2019.

1.Phishing Attacks

Phishing Attacks can be a cybersecurity nightmare and have existed almost as long as the internet. This type of cybercrime is designed to steal personal information such as usernames, passwords, and credit card details.

Often Phishing Attacks can appear to come from a trusted source, such as your bank or a website that you regularly use. Once you reply to a phishing email or follow its instructions, the information is sent to its malicious source.

2. Unpatched Security Vulnerabilities

Cybercriminals often take advantage of known security bugs in business software programs. Usually, security updates/patches are not applied to vulnerable software. This can leave business networks exposed to external threats.

The primary way to ward off these attacks is to create and maintain a rigorous patching schedule.

3. Ransomware

Ransomware has become one of the most prevailing cybersecurity threats in the past few years. In 2019 it is going to be an even more prevalent problem.

Ransomware works by a cybercriminal taking control of a computer or network of computers and inhibiting a business’ use (unless a ransom is paid) by locking the end-user out. This can interrupt business processes, cause repetitional damage and cause a loss of profits. By doing this, cybercriminals can extort large sums of money from victims.

To learn more about how to secure your business against cybercriminals, malware and more, contact our team in our Waterford or Dublin offices, who can help you choose the right services for your business. To contact us, click here.